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MF Global revelations, allegations and amnesia

Following nearly three hours of not answering Senate Agriculture Committee questions on Tuesday, a trio of MF Global (http://en.wikipedia.org/wiki/MF_Global) executives may have thought they’d slipped the noose. In the face of increasingly exasperated committee member questions, the executives – responsible for the eighth-largest bankruptcy in U.S.

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  • Feb. 10, 2012
    Article

    Crop insurance and the future farm safety net

    A strong view has emerged this past year from many farm groups that crop insurance should play a pivotal role in the 2012 Farm Bill and beyond. Meanwhile, some have questioned the near-consensus support for crop insurance. This article addresses why crop insurance has taken on a primary position among farm support programs and examines alternative paths that crop insurance could take in the future, including some ways it could assume an even larger role.  ...More
  • Feb. 9, 2012
    blog

    A mild Illinois winter; lower corn price forecast at Cattlemen’s convention

    A pleasant fall allowed farmers to work their fields before the soil froze. Now the dark Illinois soil and the radiant energy of the sun keep our days warm since there is no snow in central Illinois. Of course farmers do not influence weather — weather controls us. Often the local weather forecaster comments that the nights would be much colder if snow were on the ground....More
  • Feb. 8, 2012
    Article

    Organic farming conference returns to La Crosse, Wis.

    The Midwest Organic and Sustainable Education Service (MOSES) is hosting the 23rd annual Organic Farming Conference in Lacrosse, Wis. from Feb. 23 through Feb. 25. The conference features more than 65 workshops, 160 exhibitors, keynote speakers, food and entertainment. About 3,000 farmers and agriculture professionals will attend the event. Featured keynote speakers are Margaret Krome, policy program director of the Michael Fields Agricultural Institute, and Curt Ellis, Heinz Award-winning filmmaker....More
  • Jan. 30, 2012
    Article

    Feeding the world's growing population

    Conferences around the world consider how farmers will be able to feed the world’s growing population, which is expected to increase from 7 billion to 9 billion people by 2050. Agricultural research and development will be very important, just as when it helped farmers keep up when the world’s population doubled over the last 50 years....More
  • Jan. 18, 2012
    Article

    COMBO Crop insurance premium changes in 2012

    The Risk Management Agency (RMA) undertook a study of corn and soybean premiums and found that insurance premiums were too high relative to insurance payments (see here). As a result, RMA adjusted corn and soybean premiums. In addition, RMA implemented other adjustments that changed premiums, with one of those adjustments relating to enterprise units. In this article, 2011 Revenue Protection (RP) farmer-paid premium are compared to 2012 premium for corn and soybean policies in Illinois....More
  • Jan. 13, 2012
    Article

    Onset announces new sensor for wind monitoring

    Onset recently announced its new Wind Direction Smart Sensor, a research-grade plug-and-play sensor for measuring and logging wind direction data. The sensor, which works with the company’s HOBO Weather Stations, offers years of reliable performance in harsh outdoor environments. Customers will use the wind sensor in a broad range of applications, including agricultural research, crop management, wind resource assessment, building energy studies, meteorology, and environmental studies....More
  • Jan. 10, 2012
    Article

    USDA to close 259 offices, facilities and labs

    Facing a shrinking budget, Agriculture Secretary Tom Vilsack has outlined moves – including the closure of 259 offices, facilities and labs under the USDA umbrella – to save some $150 million annually. Some of the closings have been announced previously....More
  • Jan. 6, 2012
    video

    Farmers talking to farmers: land prices 1

    This is the fourth in the Farm Industry News "Farmers to talking to farmers" video series. In this video, Iowa farmer Keith Brown discusses land prices and whether or not he would consider buying land in this market....More
  • Jan. 4, 2012
    Article

    CoBank closes merger with U.S. AgBank

    CoBank and Farm Credit associations have completed the merger with U.S. AgBank. As a result, an $85-billion financial services institution has been created....More
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